Hong Kong-mainland trade slumps in first monthStaff Writer | March 24, 2017
The Chinese mainland's trade with Hong Kong totaled $19.81 billion in the first month of this year, down 18.8 percent year on year, according to the Ministry of Commerce.
Trade The mainland approved 885 Hong Kong-invested projects
The mainland's exports to Hong Kong hit $19.24 billion, a decrease of 15.4 percent year on year, while the mainland's imports from the region saw a sharp decrease of 65.5 percent to $570 million.
Hong Kong is the mainland's sixth-largest trade partner and third-largest export market, according to the ministry.
The mainland approved 885 Hong Kong-invested projects in January this year, with the actual use of Hong Kong capital reaching $8.42 billion, up nearly 30 percent from the same period of last year. ■